Kraft Heinz could be a bidder for Reckitt’s food division - Betaville

Reckitt Benckiser PLC is planning to sell its £2bn food division to help fund the takeover of Mead Johnson. Ben Harrington, Business Journalist and Editor at Betaville Blog says, “Kraft Heinz could be a bidder for the food division”.

Kraft Heinz had dropped its bid for Unilever in February.

Other key M&A news and Grapevine discussed in this segment are- LSE-Deutsche Boerse fall out What’s the motive behind Goldman’s 20%-25% stake in ITV? Imagination Technologies - Company is now 70% cheaper… may attract bids Rumor mill about Kering tie up and acquisition What to watch out for? - Madison Square Garden, Check out their website later in the week, says Harrington.

#M&A, #UK, #US, #KraftHeinz, #ReckitBenckiser, #business, macro